IBV Construct
Annual accounts 2025
micro format, filed on 24-02-2026, 4 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €260,000. Estimated: probably between €140,000 and €490,000.
Balance sheet
balance sheet total €104,971 on 31-07-2025in euro
in euro
Position in the sector
67.9%
Higher than 73% of 35,125 companies in 2025.
2.81
Higher than 69% of 34,499 companies in 2025.
7.8%
Higher than 52% of 34,700 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
104,971 | 81,313 | 110,070 | 50,831 | |
21/28 |
10,413 | 15,497 | 1,773 | 1,301 | |
22/27 |
10,413 | 15,497 | 1,773 | 1,301 | |
23 |
2,613 | 1,670 | 1,025 | - | |
24 |
7,800 | 13,827 | 748 | 1,301 | |
29/58 |
94,558 | 65,816 | 108,298 | 49,530 | |
40/41 |
80,005 | 61,717 | 86,993 | 41,023 | |
40 |
75,291 | 49,451 | 81,189 | 35,212 | |
41 |
4,714 | 12,267 | 5,804 | 5,811 | |
54/58 |
12,412 | 2,972 | 21,231 | 8,507 | |
490/1 |
2,141 | 1,127 | 74 | - | |
| Balance sheet: equity and liabilities | |||||
10/49 |
104,971 | 81,313 | 110,070 | 50,831 | |
10/15 |
71,269 | 63,113 | 51,447 | 29,553 | |
10/11 |
2,000 | 2,000 | 2,000 | 2,000 | |
13 |
200 | 200 | 200 | 200 | |
130/1 |
200 | 200 | 200 | 200 | |
1311 |
200 | 200 | 200 | 200 | |
14 |
69,069 | 60,913 | 49,247 | 27,353 | |
17/49 |
33,702 | 18,200 | 58,623 | 21,278 | |
42/48 |
33,702 | 18,200 | 58,623 | 21,278 | |
44 |
30,984 | 13,543 | 52,278 | 18,000 | |
440/4 |
30,984 | 13,543 | 52,278 | 18,000 | |
45 |
2,718 | 4,657 | 6,346 | 3,278 | |
450/3 |
2,718 | 4,493 | 6,087 | 3,278 | |
454/9 |
- | 164 | 258 | - | |
| Income statement | |||||
9900 |
19,226 | 21,199 | 31,329 | 15,672 | |
62 |
- | 162 | 1,651 | - | |
630 |
7,557 | 4,975 | 847 | 359 | |
640/8 |
732 | 370 | 945 | 995 | |
9901 |
10,937 | 15,692 | 27,886 | 14,317 | |
65/66B |
63 | 43 | 204 | 233 | |
65 |
63 | 43 | 204 | 233 | |
9903 |
10,874 | 15,650 | 27,682 | 14,084 | |
67/77 |
2,718 | 3,984 | 5,787 | 3,278 | |
9904 |
8,155 | 11,666 | 21,895 | 10,806 | |
9905 |
8,155 | 11,666 | 21,895 | 10,806 | |
| Appropriation of the result | |||||
9906 |
69,069 | 60,913 | 49,247 | 27,353 | |
14P |
60,913 | 49,247 | 27,353 | 16,546 | |
| Social balance sheet | |||||
9087 |
- | 0.1 | 0.3 | - | |
Hours worked1013 |
- | 40 | 424 | - | |
| Document | |||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 24-02-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 18,494 | 20,668 | 28,733 | 14,677 | ||
| 15,713 | 16,641 | 22,742 | 11,166 | ||
| 2,474 | 18,699 | 1,319 | 1,660 | ||
| 9,441 | -18,259 | 12,724 | - | ||
| 60,855 | 47,617 | 49,675 | 28,252 | ||
| 67.9% | 77.6% | 46.7% | 58.1% | ||
| 2.81 | 3.62 | 1.85 | 2.33 | ||
| 0.47 | 0.29 | 1.14 | 0.72 | ||
| 11.4% | 18.5% | 42.6% | 36.6% | ||
| 7.8% | 14.3% | 19.9% | 21.3% | ||
| over 100 | over 100 | over 100 | 62.96 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-07-2024 | 31-07-2023 |
|---|---|---|
| Employees at the balance-sheet date | - | 1 |
| full-time | - | 1 |
| part-time | - | 0 |
| in full-time equivalents | - | 1 |
| 0.1 | 0.3 | |
| On a permanent contract | - | 0 |
| Joined | 0 | 1 |
| Left | 1 | 0 |
Source: social balance sheet in the 2023 to 2024 annual accounts
Investments
fixed assets acquired| Item | 31-07-2025 | 31-07-2024 | 31-07-2023 | 31-07-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €2,474 | €18,699 | €1,319 | €1,660 |
| €7,557 | €4,975 | €847 | €359 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on IBV Construct
The operating result for 2025 is 30% lower than in 2024 and the lowest since 2022. It is the second fall in a row.
Debt's share of the balance-sheet total rises from 22.4% to 32.1%. Equity and debt are higher.